Currently developing a digital transition roadmap. Australian Federal Police have been advised to make a number of changes to the technology they use in a newly released audit by the auditor general of the Australian National Audit office. The Australian Federal Police (AFP) is the national and principal federal law…
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Building maximum data privacy resilience by encouraging full accountability, compliance, and ethics. National Privacy Commission of Phillipines is set to impose administrative fines on data privacy violations of personal information controllers or processors from the private sector. A separate initiative for government agencies is also underway with the NPC holding…
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Unauthorised access of approximately 20,000 individuals’ and companies’ was preventable. Singapore’s Personal Data Protection Commission (PDPC) has fined Tripartite Alliance SG$29,000. According to the PDPC Tripartite failed to put in place reasonable security arrangements to prevent the unauthorised access of approximately 20,000 individuals’ and companies’ data stored in its customer relationship…
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Tech giant’s conduct was found to be liable to mislead the public. Australia’s Federal Court has found that Google LLC and Google Australia Pty Ltd (together, Google) misled consumers about personal location data collected through Android mobile devices between January 2017 and December 2018, in a world-first enforcement action brought…
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Traditionally a year or two passes before a fraud is identified. Australian businesses believe the risk of fraud will increase this year, despite an expected move away from the widespread remote working which left them more open to being a victim, a KPMG Forensic survey has revealed. KPMG’s survey of…
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Accelerating the adoption of digital solutions. Resilience is at the core of Standard Chartered Bank, in what has been an extraordinary year for the financial institution. In its fourth quarter and full year 2020 results, Chartered noted the negative impacts of COVID-19 should be “largely transitory, and indeed have provided…
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Monetary Authority of Singapore states there’s an analytical approach to assess and monitor cyber risk to the financial sector Cyber risk is an emerging source of systemic risk in the financial sector, and possibly a macro-critical risk too. It’s therefore important to integrate it into financial sector surveillance. According to…
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Government agencies investigated by Commonwealth Ombudsman. Australia’s Commonwealth Ombudsman has found that Government agencies have not adequately kept the records relating to agencies’ use of stored communications and telecommunications data, as needed under the Telecommunications (Interception and Access) Act 1979 (the Act). The Ombudsman can investigate complaints about actions and…
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Majority of BCPs tend to focus on risks or threats to the physical premises or technology infrastructure. Australian and New Zealand (A/NZ) organisations were somewhat underprepared in their business continuity planning (BCP) for managing a crisis of the scale and magnitude of the COVID-19 pandemic. Genesys surveyed of its A/NZ…
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Few countries have dedicated local bodies for sanctions enforcement. During COVID-19, the speed and frequency of change in economic and trade sanctions regimes from major international regulators has increased the complexity associated with financial crime and trade compliance, at a time when APAC organisational resources may already be stretched thin,…
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